Indian Bank reported a standalone net profit of Rs 3,273 crore for Q1 FY27, up more than 10% year-on-year, while net interest income rose nearly 17%. The PSU lender also posted improved asset quality and higher advances, prompting its shares to surge around 10% after the earnings announcement.
Indian Bank reported a standalone net profit of Rs 3,273 crore for Q1 FY27, up more than 10% year-on-year, while net interest income rose nearly 17%. The PSU lender also posted improved asset quality and higher advances, prompting its shares to surge around 10% after the earnings announcement.
<iframe src="https://hindustansphere.com/embed/cluster/15038e0f72f8e2d9eb873555b74aec7794160c1e" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Indian Bank Q1 Results: Standalone net profit rises 10% YoY to Rs 3,273 crore; shares zoom 10%"></iframe>
